FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are some excellent free personal finance apps available: Mint.com, GoodBudget, Mvelopes, BillGuard, PocketExpense, HomeBudget, and Expensify. After using Mint.com, you realize you need to

image text in transcribed

There are some excellent free personal finance apps available: Mint.com, GoodBudget, Mvelopes, BillGuard, PocketExpense, HomeBudget, and Expensify. After using Mint.com, you realize you need to pay off one of your high interest loans to reduce your interest expense. You decide to discount a $6,100, 345-day note at 3% to your bank at a discount rate of 4.0% on day 240. What are your proceeds? (Round your final answer to the nearest whole number.) Proceeds

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting History And The Rise Of Civilization, Volume II

Accounting History And The Rise Of Civilization, Volume II

Authors: Gary Giroux

1st Edition

163157793X, 9781631577932

More Books

Students also viewed these Accounting questions

Question

★★★★★
The following information is for the Newport Stationery Store. Balance Sheet Information as of September 30 Current assets: Cash ................... $ 14,400 Accounts receivable .............12,000...

Answered: 1 week ago

Question

★★★★★
Prove that using strategy RepeatQuery+, protocol Q is executed at most T M(C) times. Show an example in which T = M(C).

Answered: 1 week ago

Question

★★★★★
What was the influence of the type of measurement used for the dependent variable?

Answered: 1 week ago

Question

★★★★★
A scheme for concurrently heating separate water and air streams involves passing them through and over an array of tubes, respectively, while the tube wall is heated electrically. To enhance...

Answered: 1 week ago

Question

★★★★★
A business is considering scrapping a machine for proceeds of $2,000. Alternatively, it can spend $1,000 on the machine and receive sales proceeds of $5,000. The net realisable value of the machine...

Answered: 1 week ago

Question

★★★★★
A circle is centered at the origin ( 0 , 0 ) and has a radius of 4 units. What points on the circle have an x-coordinate of 1? (Your answer should be a list of points, such as "(1,1), (2,4)".) Which...

Answered: 1 week ago

Question

★★★★★
4. You've recommended to your team lead that you should move forward with the re-launch. You have a key customer that was impacted by the miss-launch a few months ago and you're meeting with them to...

Answered: 1 week ago

Question

★★★★★
In a neighborhood, 35% of homes have a security system. As a security system salesperson, you want to know how many houses need to be visited before you find 10 houses without a system. 83 62 21 98...

Answered: 1 week ago

Question

★★★★★
Consider the system of equations: 2 x ^ 2 - 3 and + With = 1 2 3 x ^ 3 + 2 and = 2 5 4 x ^ 2 - 2 and ^ 2 + With = 1 8 Write a MATLAB script to find numerical solutions to this system of equations...

Answered: 1 week ago

Question

★★★★★
The following table shows the daily receipts in millions of dollars of the movie "Avatar" for successive Fridays after its opening on Friday 18 December 2009. Weeks $Receipts 0 77.025 2 68.49 4...

Answered: 1 week ago

Question

★★★★★
6. A charge Q is at the centre of a tetrahedron. What is the electric flux through one face of the tetrahedron?

Answered: 1 week ago

Question

★★★★★
5.79 The random variable X has probability density function as follows: a. Graph the probability density function for X. b. Show that the density has the properties of a proper probability density...

Answered: 1 week ago

Question

★★★★★
5.83 Let X1 and X2 be a pair of random variables. Show that the covariance between the random variables Y1 = 1X1 + X22 and Y2 = 1X1 - X22 is 0 if and only if X1 and X2 have the same variance.

Answered: 1 week ago

Question

★★★★★
5.85 A company services home air conditioners. It is known that times for service calls follow a normal distribution with a mean of 60 minutes and a standard deviation of 10 minutes. a. What is the...

Answered: 1 week ago

Previous Question Next Question